1308 Kinard St, Newberry, SC, 29108 | $339/mo Cash Flow

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NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Newberry at 1308 Kinard St, Newberry, SC, 29108 offers a 9.36% rental yield on a $184,000 purchase with $1,435/mo rent. Total monthly income registers $1,435/mo, and a $901/mo payment leaves $339/mo available for distribution. Annual cash flow reaches $4,071/yr on $60,996 to close, and return on cash invested stands at 26.58% in year one. Equity gained on principal adds $1,187/yr while 5% annual appreciation supports $50,836 over five years. Portfolio math shows five-year ROI at 138.38% and total cumulative return in cash at $84,409. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,435/mo property income against a $901/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1993

0.45 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 29108, Newberry, SC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,970 (100%)
Owner Occupied HU	5,182 (57.8%)
Renter Occupied HU	2,673 (29.8%)
Vacant Housing Units	1,115 (12.4%)
Median Home Value	$161,590
Average Home Value	$206,277